Internal Finance and Growth: Microeconometric Evidence on Chinese Firms
(2011)
Journal Article
Guariglia, A., Liu, X., & Song, L. (2011). Internal Finance and Growth: Microeconometric Evidence on Chinese Firms. Journal of Development Economics, 96(1), 79-94. https://doi.org/10.1016/j.jdeveco.2010.07.003
Using a panel of 79,841 Chinese firms over the period 2000–2007, we examine the extent to which liquidity constraints affect firms' assets growth. We find that state owned enterprises are not affected, while the availability of internal finance repre... Read More about Internal Finance and Growth: Microeconometric Evidence on Chinese Firms.